Form 4: Palmer Square Capital BDC President Matthew Bloomfield Increases Stake in Company

Matthew Bloomfield, President of Palmer Square Capital BDC Inc., recently purchased additional shares of the company's common stock, increasing his direct and indirect holdings.

Summary

• On March 4, 2025, Matthew Bloomfield, President of Palmer Square Capital BDC Inc., purchased 4,200 shares of common stock at a weighted average price of $15.38.
• On March 5, 2025, he acquired another 5,000 shares at a weighted average price of $15.34.
• On March 6, 2025, Bloomfield purchased an additional 4,000 shares at a weighted average price of $15.48.
• Following these transactions, Bloomfield directly owns 41,478 shares and indirectly owns 78,451 shares through the Matthew L. Bloomfield Irrevocable Trust.
• A previous Form 4 filing on March 5, 2024, incorrectly reported Bloomfield's direct ownership; he actually owned 28,278 shares directly at that time.

Sentiment

Score: 7

Explanation: Insider buying is generally viewed as a positive signal, suggesting confidence in the company's prospects. However, the scale of the purchase is relatively small.

Positives

• The President's increased investment in the company may signal confidence in its future prospects.

Industry Context

Insider buying is often seen as a positive sign, suggesting that a company's leadership believes the stock is undervalued.

Stakeholder Impact

• Shareholders may view the insider buying as a positive signal.

Key Dates